1116 S Bonnie Lane, 2, Tempe, AZ 85281
$219,500
Property Type:
Land
Lot Size (sq. ft.):
6,960
Status:
Closed
Current Price:
$219,500
List Date:
6/15/2024
Last Modified:
5/23/2025
Description
Exceptional investment opportunity in Tempe, just moments from ASU! This versatile vacant lot, zoned for diverse building options, is perfect for constructing a single-family home, duplex, or fourplex. Located in a vibrant neighborhood in the heart of Tempe, it offers tremendous potential for rental income or a personal residence. Capitalize on the proximity to ASU and maximize your returns in one of the hottest markets around. Don't let this unique chance to develop a prime piece of real estate slip away—ideal for investors and developers aiming for success!
More Information MLS# 6719639
Contract Information
Current Price: $219,500
Sold Price: $219,500
Status: Closed
List Date: 2024-06-14
For Sale or Lease?: Sale
Type: Exclusive Right To Sell
Location Tax Legal
House Number: 1116
Compass: S
Street Name: Bonnie
St Suffix: Lane
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Country: US
County Code: Maricopa
Assessor Number: 132-66-115
Tax Year: 2023
General Property Description
Apx Total Acres: 0.16
Apx Total Acres G/N: G
Price Per Acre: 1371875
Apx SqFt: 6960
Price Per SqFt: 31.54
Apx SqFt G/N: G
Lot Size Dimensions: 97x70
Zoning: R-4
Remarks Misc
Geo Lat: 33.416492
Geo Lon: -111.905937
Status Change Info
Status Change Date: 2024-07-02
Off Market Date: 2024-06-24
Under Contract Date: 2024-06-16
Close of Escrow Date: 2024-07-01
Sold Price: $219,500
Legal Info
Lot Number: 2
Showing Notification Methods
Showing Service: Aligned Showings
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Special Listing Cond: Owner/Agent
Existing Land Use: Residential Lot
Zoned Presently: Single Family; Multi-Family
Potential Use: Single Family; Multi-Family
Parcel Size: .0 - .24 Acres
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: SW Gas
Distance to Cable: Call Listing Office
Distance to Phone: Call Listing Office
Distance to Water: Call Listing Office
Distance to Electric: Call Listing Office
Distance to Gas: Call Listing Office
Distance to Sewer: Call Listing Office
New Financing: Cash; Conventional
Environmental: None
Lockbox Type: None
Listing Office: RETSY
Last Updated: May - 23 - 2025
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